Ron Paul, 76, is a Texas congressman who has built a reputation in Washington for cutting his own path -- primarily because he says he doesn’t vote for anything unless it is specifically authorized by the Constitution.
His political beliefs include support for auditing the Federal Reserve, making gold and silver legal tender and withdrawing U.S. troops from Iraq and Afghanistan. His campaign for the 2008 Republican presidential nomination attracted avid online supporters, if few votes.
Born and raised in Pittsburgh, Paul graduated from Gettysburg College in Pennsylvania and the Duke University School of Medicine in North Carolina. He served as a flight surgeon in the Air Force and in 1968 moved to Texas, where he established a medical practice as an obstetrician.
He was first elected to the U.S. House of Representatives in an April 1976 special election, lost his seat that November, then was returned to the House in 1978. In 1984, he gave up his House seat for an unsuccessful bid for the U.S. Senate. In 1988 Paul was the Libertarian Party’s nominee for president, winning 431,750 votes, or 0.5 percent of the total.
Paul has written several books, including “Challenge to Liberty,” “The Case for Gold” and “A Republic, If You Can Keep It.” He and his wife, Carol Paul, have five children and 18 grandchildren. Paul’s high profile in Republican politics helped propel one of his sons, eye surgeon Rand Paul, to a U.S. Senate seat from Kentucky in 2010.
Republican presidential candidate Ron Paul said he will stop spending money to compete in primary elections, while trying to collect more delegates at state conventions that could give him a greater voice in the party.
After 12 terms in the House, Ron Paul says he’ll retire at year’s end. Though he insists he can still capture the Republican nomination, his presidential runs have always been about forcing other candidates and the public to pay attention to his libertarian arguments.
While campaigning on calls to reduce government spending, three of the four Republican presidential candidates are receiving or will be eligible to draw taxpayer-financed pensions. Ron Paul is eligible, but he has opted out of the plan.
Presidential candidate Ron Paul’s campaign committee sued the unidentified makers of a video attacking ex-Republican rival Jon Huntsman claiming it falsely implies it was made or endorsed by the Texas congressman.
Polls show that in the U.S. Republican presidential primary two candidates without any personal military experience, Mitt Romney and Newt Gingrich, are running stronger than two veterans, Ron Paul and Rick Perry.
Four years ago, Ron Paul arrived at the Republican convention in St. Paul, Minnesota, with just 15 delegates and was shunned by party elites who gave him no speaking role. Paul probably will be a more forceful presence at this summer’s Tampa, Florida, convention, to the consternation of some Republican leaders.
Ron Paul called former Pennsylvania Senator Rick Santorum a spendthrift with federal money as the Texas congressman began a five-day New Hampshire campaign push he said will highlight his Republican presidential rivals’ backing for “big government.”
When about 500 voters packed into a New Hampshire town hall last week to hear Ron Paul speak, they saved their biggest applause for something no other Republican presidential candidate is talking about.
In almost every recent Republican presidential debate, some candidates have advocated for a "strong dollar." What gets lost in this clamor is any discussion of winners and losers from a strong U.S. currency, and the recent correlation between the greenback's strength and declines in the stock market.
Here's a fun game to liven up Republican presidential debates: Down a shot of some potent beverage each time one of the candidates mentions the need to return to the gold standard. You might not make it through the evening.
We haven’t heard much, during the many Republican presidential debates this campaign, about some issues that actually are relevant to the presidency. Here are a few questions I’d like to hear the candidates address.
Mitt Romney, who as governor of Massachusetts turned to John Sasso for help in getting a health- care bill through the state legislature, may want to solicit the Democratic operative’s advice again, this time on how to handle Ron Paul.
It’s betting season in the Republican presidential primaries. Mitt Romney has proposed a $10,000 wager and Newt Gingrich has put $10 on the table. The one certain to remain in the game after the early contests is Texas Representative Ron Paul, who has a fervent following.
Ron Paul performed a valuable public service when he unveiled a budget plan that shows exactly what balancing the $3.8 trillion budget through spending cuts would look like. Paul's blueprint, released Oct. 17, would balance the books in three years.
Representative Ron Paul claims he could balance the budget in just three years. It's a radical blueprint, and the scary part is that Paul believes it can be done--without destroying the U.S. economy and its relationships with the rest of the world.
Debate over the debt ceiling has reached a fever pitch in recent weeks, with each side trying to outdo the other in a game of political chicken. If you believe some of the things that are being written, the world will come to an end if the U.S. defaults on even the tiniest portion of its debt.
U.K. stocks fell after George Osborne promised that the Bank of England will get new powers to rein in mortgage lending, while BOE Governor Mark Carney said interest rates may rise sooner than expected.
Traders who manipulate currency rates or borrowing costs would face criminal charges under plans to be announced by U.K. Chancellor of the Exchequer George Osborne in a crackdown on bankers less than a year before a general election.
Valeant fell 3.5 percent yesterday, the biggest drop in two months and for its eighth consecutive day of declines, during which it has lost 10 percent. The stock now trades below its price on the day Valeant announced its bid for Allergan, which won’t help its cause.